The S&P 500 and Nasdaq finished lower, extending a selloff that has lasted weeks.
Here's why Air Canada stock tanked by nearly 28% in June, extending its second-quarter losses to 34%. The post Why Air Canada Stock Plunged 28% in June appeared first on The Motley Fool Canada.
The prices of three cryptocurrencies have dropped significantly during last month’s epic selloff, and they could plunge even lower in July 2022. The post 3 Cryptocurrencies That Are Poised for a Washout appeared first on The Motley Fool Canada.
COLOMBO, Sri Lanka (AP) — Cash-strapped Sri Lanka on Sunday extended school closures for one week because there isn't enough fuel for teachers and parents to get children to classrooms, and the energy minister appealed to the country's expatriates to send money home through banks to finance new oil purchases. A huge foreign debt has left the Indian Ocean island with none of the suppliers willing to sell fuel on credit. The available stocks, sufficient for only several days, will be provided for
Families went bananas for Minions this weekend at the movie theater. “ Minions: The Rise of Gru ” brought in an estimated $108.5 million in ticket sales from 4,391 screens in North America, Universal Pictures said Sunday. By the end of the Monday’s July Fourth holiday, it will likely have earned over $127.9 million. The film is on track to become one of the biggest openings ever for a July Fourth holiday weekend, a record previously held by “Transformers: Dark of the Moon” which made $115.9 mill
Unlike stocks, distribution-focused ETFs may not offer an equally healthy capital-appreciation potential, but they might still be worth buying. The post 2 Passive-Income ETFs to Buy in 2022 appeared first on The Motley Fool Canada.
KIGALI, Rwanda (AP) — Rwandan President Paul Kagame on Monday accused Congo of supporting rebels opposed to his government, escalating tensions with a neighbor who in turn accuses Rwanda of supporting violent rebels who recently captured a town in eastern Congo. Kagame said in a televised address that his country is concerned by alleged Congolese support for the Democratic Forces for the Liberation of Rwanda, or FDLR, a Congo-based rebel group that includes fighters accused of taking part in the
TORONTO (Reuters) -Canada is persisting with its fairly relaxed approach to regulating funds claiming environmental, social and governance (ESG) credentials despite recent allegations of "greenwashing" elsewhere that have spurred other regulators including the U.S. Securities and Exchange Commission to consider tightening rules. The Canadian Securities Administrators (CSA) issued guidance for ESG funds early this year that simply clarified how existing regulations apply to them. Canadian responsible equity funds' assets under management grew 24% from a year earlier to C$22.4 billion ($17.3 billion) in May, according to Refinitiv data.
Are you searching for Canadian stocks that could make great long-term picks? Here are three top stocks! The post 3 Canadian Stocks That Are Great Long-Term Picks appeared first on The Motley Fool Canada.
These two Canadian energy stocks boast high yields and could be ideal for income-seeking investors. The post 2 TSX Energy Stocks With Oversized Dividends appeared first on The Motley Fool Canada.
The cryptocurrency crash keeps getting deeper. Which crypto will post a quicker recovery? Bitcoin or Ethereum? The post Ethereum or Bitcoin: Which Will Recover 1st in 2023? appeared first on The Motley Fool Canada.
Spin Master (TSX:TOY) and Bank of Montreal (TSX:BMO)(NYSE:BMO) look like great stock buys ahead of a potential market crash or bear market. The post Have $2,000? 2 Market Crash-Ready Stocks to Buy Now appeared first on The Motley Fool Canada.
Given their stable cash flows and high dividend yields, these three under-$20 stocks could boost your passive income. The post 3 Top Dividend Stocks to Buy Under $20 appeared first on The Motley Fool Canada.
(Reuters) -European shares rose on Monday as the oil and gas sector marked its best session in two months, while bleak euro zone investor morale kept sentiment in check ahead of the European Central Bank's plan to start hiking interest rates this month. The continent-wide STOXX 600 index was up 0.5% after falling last week on worries about a potential global economic slowdown. A Sentix survey on Monday showed investor morale in the euro zone fell this month to its lowest level since May 2020, pointing to an "inevitable" recession in the 19-country currency bloc.
Beaten-down retail stocks such as Canadian Tire and Aritzia have the potential to deliver robust gains to investors in the next year. The post 2 Retail Stocks Every Canadian Should Own Right Now appeared first on The Motley Fool Canada.
Did you buy a stock with low P/S ratio and make a loss? Most investors fall prey to the valuation conundrum. Here’s how to read these ratios. The post The Valuation Conundrum: P/E Ratio vs. P/S Ratio appeared first on The Motley Fool Canada.
Yes, recession risk remains high on markets' radar but no, there are yet few signs that central banks will be swayed in their determination to aggressively raise interest rates. So, it was no surprise that the Reserve Bank of Australia lifted its key interest rate on Tuesday by 50 basis points to 1.35%. And as this table shows, central banks in big developed economies are opting for large moves to get ahead of price pressures.
BUENOS AIRES, Argentina (AP) — Argentina’s peso fell and stock prices dipped Monday after left-leaning Silvina Batakis was named economy minister following the surprise resignation of her more moderate predecessor over the weekend as the country struggles with economic woes. Batakis was named late Sunday to take over from Martín Guzmán, who was largely seen as a moderate voice within President Alberto Fernández’s Cabinet. Guzmán had been the target of strong criticism from more left-leaning elem
Canada’s three most popular REIT ETFs go head to head. The post VRE vs. XRE vs. ZRE: Which REIT ETF Is the Better Buy for Canadian Investors? appeared first on The Motley Fool Canada.
In today’s uncertain market, these two dividend stocks are perfect choices for a passive-income portfolio. The post Passive Income: 2 Safe Dividend Stocks to Buy in an Uncertain Market appeared first on The Motley Fool Canada.
TORONTO — DesRosiers Automotive Consultants says Canadian auto sales were down 11.5 per cent in June compared with a year earlier as supply challenges persist. The consultancy estimates 143,773 new light vehicles were sold in the month for the lowest June sales since the recession year of 2009. The sales total is a notable drop from the 162,500 sold last year, while in 2018 there were more than 200,000 vehicles sold in the month. Andrew King, managing partner of DesRosiers, says in the report th
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